Ethereum / Tether
Long
Updated

ETH is still Bullish!!

1 219
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈This week, ETH has been in a correction phase. However it is still overall bullish long-term trading within the rising channel marked in blue.

Moreover, the green zone is a strong demand and structure.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.

📚 As per my trading style:
As #ETH retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
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